Govt signs $6.2 mln project with UNDP, EU to support Egypt’s hosting of COP27

  • Date: 28-Sep-2022
  • Source: Egypt Independent
  • Sector:Real Estate
  • Country:Egypt
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Govt signs $6.2 mln project with UNDP, EU to support Egypt’s hosting of COP27

The Egyptian government on Tuesday signed a new project worth USD 6.2 million with the United Nations Development Program (UNDP), the European Union (EU) and the Embassies of Denmark and Switzerland, as well as the African Climate Foundation to support Egypt’s hosting of the 27th Session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) to be held in Sharm El-Sheikh from 7–18 November this year.

COP27 is the world’s most important conference about climate change. This new project will bring together partners from the public and private sectors, civil society, and academia to strengthen climate action in support of Egypt’s COP27 Presidency Team.

The project will support Egypt’s COP27 presidency and its endeavors to implement the Paris Agreement through initiatives in several priority areas, including renewable energy, climate change adaptation and climate security.

Technical expertise and knowledge will be provided through the project to assist Egypt in delivering on its commitments as the host country of this year’s conference.

This will include providing support for consultations on regional and thematic groupings for inclusive negotiations, advancing multidisciplinary initiatives for climate action and showcasing the best practices from Africa and other regions.

On behalf of the COP27 Presidency team,